Good Year For T Clarke

Good news from the Industry T Clarke, the electrical contractor, has just revealed that pre-tax profit in 2008 was not only up to the mark but was “materially above” expectations.

In a statement the their website the company said "T. Clarke performed well during the year and, following a post year end contract review, is pleased to report that underlying operating profit for the year is expected to be significantly higher than current market expectations. While the Board expects to make certain provisions in 2008 for impairment of goodwill, reported profit before taxation for 2008 is also expected to be materially above current market expectations.

Adding "The Board remains confident in the resilience of the business going forward, despite these challenging times."

T. Clarke will announce its preliminary results for the year ended 31st December 2008 on Thursday, the 19th March 2009.